The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-12-10

amount ol money the next day, | had no
purpose whntcyerm thstmnSaction except
10 get the money for the bank that was
owing TO il by Wiltshire"
Tho second note was in cipher and
Harper said il related to the same sort OF
transaction. The third note he explained
by saying Wiltshire told him he had to pay
for lot OF wheat May |. "Ilc wanted
me, said Harper TO furnish money ior
that purpose. refused. lie said would
hc sorry, advised him to sell May wheat
and buy June and pay the difference. lie
asked me 10 write u memorandum OF tel
cgram to that effect, saying, Please change
that May wheat | have not provided Tor
TO June and July my prime pal has de-
cidcd, etc. Mr.. Wiltshire represented to
me that he was buying largely for Clcye-
land parties and that is what | suppose hc
referred to in the words my principal.
Witness then asked permission To cx.
plain check OF Wilshirc's for $40, 900 i'm
October, but was stopped by the court lie
was then asked II II was givon ior wheat
deal Ito answered that il was given to
pay bonds which wiltshire had hypothc-
Gated without authority. llcrc the court
again stopped him, and cautioned him TO
answer questions and not 90 into irrclc-
want matters. But he again lapscd 50 far
rs TO tell that Wiltshire had gone 10 Clcvc.
land 10 get the premium from his brother
in-law, aud had come back with nothing,
and later that Wiltshire had mortgagcd
property for Sli0,00O, and explained to
him that hc did so 10 make good that sum
OF money sunk by him in wheat taken
from his iathcr's estate. lie explained.
also, how he discounted Lewis notes at
Wilshics suggestion, and, after again lc-
nying that dollar of the banks money or
his went into the wheat deal, went ON to
tellof the crash; how Wilshircan Hopkins
followed him to Boman's where he dincd,
and with tcarS IN their eyes begged him TO
let them have more money. lie had rr-
fused Wiltshire that morning. Hopkins
suggested tclcgnphing To q bank in Chi.
cagO To see how much money they would
take to carry the deal through. Hopkins
sent such telegram 10 tho American EN-
change bank, Chicago. When witness ~.
turned irnm dinner ho found telegram
on his desk from that bank, saving that II
Wiltshire was thcrc next morning with
S6OO, 900 II would De- safe. That was where
kcHhaw 4 Go. had their account. lie
told how Wiltshire, Hopkins aud lac talked
the matter over and decided that they
would save the bank. Hopkins had a
letter OF credit drawn for S2O0,OOO and
four drafts ON the Chemical bank, Of New
York for SlO0,OOO. Wiltshire was afraid
20 carry the money lest IL be- attached, and
II was arranged that Gahr should 90 with
him. Gnhr was instructed not to give up
the money without u guarantee Next
morning hc repeated this warning 10y u
telegram, aud was answered that ID WIS
too late. lie then stopped payment on
the drafts
lie became affected at this point, aud,
Niplug his ewes, went ON tn snN how hc
put all his money in the hank to save IT,
only to see the other directors walk in aud
check theirs out. Only Zimmerman, ui all
| the directors, uiicrcl amy assistance. Then
| tile government cat.tSn, and the end we
| rcaclcd.
CS,a.cl next asked in detail whether h,
] had over had. or ordered. any wheat trans.
action with various brokers In CHICAGO,
naming them, aud ho returned the same
answer In February, 1887 he hal con.
vcration with Hopkins about the Irwin.
Gpon & Go. matter, AMI told him hc
thought Il WIS dishonest. Hem again the
court stopped the witness from detailing
conversations. About the s2Si, ,uOO trans.
action with the Fidelity bank be- had no
knowledge whatever until told oi Il Ia
jail ut Dayton.
Hopkins had transactions through lloyt
with kcrhaN a CO.. aud hc Wns irving in
hedge against our losses with wiltshire.
~ loaned money Ia Hopkins" said the
witness, "and paid drafts lor linn, but I
used my own money and never took 70
penny out oi the banks funds ipr this pur.
pp-c. Hopkins went in $4,000 with an.
other hrukcr. and helped him. This WIS
paid back and the money vent into the
bank. There was also some profit This
also was hedging operation
The witness was then examined ~ to the
SWilis iron and steel works, the Riverside
rulling.mill. thc iirm ui T. l.. llnrpcr 4
Co, and ui himself llc mado the urvrr.
gate several million dollars, anil said al
the transactions ui thcse Hcyrml firms and
companies with the Fidelity hank wcrr IT,.
giiimaic.
His evil genius seemed a. have come ~
him al the very last lie WIS nov about
t0 leave the stand. Mr.. blackburn a,uin
asked him u lee had ANYTHING a. dU With
MIR Hopkins wheat deals through Broker
lluyt lie answered that hc paid Hon.
kins drafts, hut ho did II ~ protect tie
bank. II was interested through Hopkins
tp that extent. We wanted iiut a. protect
the Interests ol the hank aud after that
was DONE u there was any profit lril it
was to bc divided between Hopkins and
myself A sensation ran through the
court room ~ these Nurls NVrp uttered
Mr. blackburn, tu break the i1rcr 81 the
admission, asked Did YOU at amy Time
have any intcnl In all lhcso transactions Ia
dcimud the hank Ur anybody rl-cf'
"Nonc In ihc world, wn- the answer
Miw Matthews ai ihispoint isolscr,cd
to be- In toan.
The crus us.cxaminalion WIS brioi aud
pointed II brought out the single ihrt
that ho purchased crrtihciic, oi deposit
with his own checks, which were not
charged to his account.
Two ~ thwc other witnesses, Mr.. Gnhr.
Mr. Richards, and Mr. WOodrough N1rr
called, mainly to tcllabOut llnpcr's asserts.
hut the government counsel dismissed
most Of them without cfUss examination.
or by drawing from them some damaging
testimony.
The only comfort obtained was In the
testimony NJ Mr.. Marchant, Of the Firt
National bank, Who showed that Harper
had largc deposits IN that bank in lSSG and
IN 1857. Thotr.iimonyis noiquitc closed,
but certainly will be- today.
-
"uaeh TaIk" Causes Trouble.
NEw YoRK, Dec. o. There Is said 10 be
n Lie lawsuit threatened between Dr. Ball